Welcome to 5521 E Holmes Ave Mesa – Just Listed!

Gorgeous home in Mesa is ready to be yours! Located conveniently off of the US-60 freeway & Higley, this amazing home is close to the Banner Gateway Medical Center & all of the amenities of Superstition Springs Center. Enjoy a game of pool with friends in the open living room that features its own built-in bar area. Entertaining is a breeze with an open concept kitchen and family room with surround sound throughout. Stone flooring throughout. Luxurious master retreat features separate exit to the backyard, and spa-like bath with large walk-in shower and jetted tub. Three other spacious rooms are split from the master for privacy, and the home also features a bonus room that’s perfect for an office or playroom! Resort like yard with sparkling salt water pool with waterfall,

lush landscaping with faux grass and extended patio with built-in BBQ. New exterior paint, 24′ deep garage with new door & epoxied floors, 10′ RV Gate, soft water system, & much more! Home features extra attic insulation. Don’t miss out on this great home!

Please call the Gina McKinley Group at 480-355-86445 in order t schedule an appointment to view this home.

 

For more pictures and a property brochure, please visit our web-page at:

http://www.locatearizonahomes.com/listing-detail/126708406/5521_E_Holmes_Avenue-Mesa-AZ

Welcome to 8210 E Garfield Street K214, Scottsdale!

Beautifully remodeled 1 bedroom co-op in a fantastic location! Incredible views of the community green space and pool from the windows and private balcony. Open floorplan features laminate flooring and decor paint throughout. Updated kitchen features plenty of counter space, and a great area for a coffee bar! Bathroom features fully tiled shower. Lots of parking close by. Cash only, no rentals or pets and need board & credit approval. No deed or title fees, buyer has membership for life. Co-op fee covers taxes, ins, water, roof, building, electrical & plumbing in walls, 4 pools, exercise room, library & meeting room with free WIFI, community garden, laundry, picnic & play areas. Near Scottsdale Trolley stop! Perfect for anyone wanting a lock & leave lifestyle near Old Town Scottsdale!

For more pictures and a property brochure, please visit our webpage at http://www.locatearizonahomes.com/listing-detail/125467482/8210_E_Garfield_Street_-_K214-Scottsdale-AZ

 In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

Welcome to 652 W Canary Way, Chandler!

This wonderful Chandler home has been lovingly updated and upgraded. Large open kitchen featuring granite counters, white cabinetry and stainless appliances. Split floorplan with newer wood plank tile flooring. Surround sound speakers in dining area, living area, and patio for your listening enjoyment. Rare side entry garage with built in cabinets offers plenty of storage. Situated on one of the largest lots in Carino Estates, located on the bend of Canary Way, this pie shaped lot is over 12,000 sqft and is very private. The lot features a RV gate, custom lighting, storage shed, and plenty of room to play. Ideal location that is close to schools, shopping, and Price corridor for an easy commute.

For more pictures and a property brochure, please visit our webpage at http://www.locatearizonahomes.com/listing-detail/123259463/652_W_Canary_Way-Chandler-AZ

In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

Welcome to 1934 E Monterey St, Chandler!

Welcome to your new home! Grace and elegance abound with a custom tile medallion in the entry leading to the formal living and dining room, complete with decor paint and custom drapes. Cathedral ceilings greet you as you move into the kitchen and family room. Entertaining is a breeze in the chef’s kitchen featuring granite counters, stainless appliances, new island, and drink bar with hanging wine glass display and wine fridge. Enjoy lots of natural light in your master retreat with a large bay window, wood-look flooring and en-suite with new cabinets and granite counters. You’ll find three additional bedrooms and separate baths on the main level, while the fully finished basement features a theater room with projector screen, two bedrooms with walk in closets, and upgraded bathroom.

Experience AZ living at it’s finest with the extended paver patio with water fountain, gas fireplace, fruit trees (kumquat, lemon, and tangerine!) and mature landscaping. All this and more in a great home only minutes to the restaurants and entertainment in downtown Chandler and Gilbert and great access to the 101, 202, and 60 freeways. Or, enjoy a stroll or bike ride on the Paseo Trail!

For more pictures and a property brochure, please visit our webpage at

http://www.locatearizonahomes.com/listing-detail/121548087/1934-E-Monterey-Street-Chandler-AZ

 In order to schedule an appointment to view this home, please call The Gina McKinley Group at 480-355-8645 today!

1085 S Reber Ave, Gilbert – Just Listed!

Better than the model home of this floor plan! Owners have updates galore with custom Lanai door with sunscreens that opens to access outdoor living. Granite counter tops with custom back splash, staggered cabinets and stainless appliances, pantry and open concept kitchen dining and living room. Lovely powder room and all tile floors in main living area. Upstairs offers full built in custom desk, separate laundry room and full bath with marble counters, and 2 large bedrooms along with large master bedroom. Master with bath is a dream spa with separate soaker tub, custom walk in titled shower and his and her vanities with large walk in closet. Back patio offers no care artificial grass, Pergola sitting area and built in BBQ island. Make this your new home today!

 

For more pictures and a property brochure, please visit http://www.locatearizonahomes.com/listing-detail/121055611/1085-S-Reber-Avenue-Gilbert-AZ

 

To schedule an appointment to view this great home, please call The Gina McKinley Group at 480-355-8645 today!

1530 W. Loughlin Dr, Chandler – Just Listed!

Welcome home! This lovely Chandler home greets you with wood look laminate flooring and high vaulted ceilings for an open and airy feel. Spacious living room with built-in Bose speakers & wood burning fireplace is great for entertaining! Open to the dining room, the upgraded kitchen features white cabinets, black granite countertops, stainless appliances, walk in pantry, and more! Master bedroom has a huge walk in closet and sliding glass door exit to the backyard. Enjoy your private backyard retreat featuring a built-in BBQ, salt water pool, outdoor speakers & horse shoe pit! Located just minutes from the 101 freeway and the Western Canal, this oasis is perfectly equidistant from both Downtown Gilbert & Chandler; making both reachable by bike. So, whether it’s a dip in the pool (or a game of volleyball!), a round of golf at Dobson Ranch, or hitting the shops at Chandler Fashion Center; you’ll know you’ll have it good in your centrally located abode!

For more pictures and a property brochure, please visit http://www.locatearizonahomes.com/listing-detail/121154856/1530-W-Loughlin-Drive-Chandler-AZ

To schedule a showing of this great home, call The McKinley Group at 480-355-8645 today!

A Word Homeowners Need to Understand

What is your mortgage balance? Well, that is one answer, but the new tax law has a very specific reference for the term Acquisition Debt as it relates to Phoenix Metropolitan home owners, and others around the country. So read on to learn more, then talk to you tax adviser as to the effects this will have on re-financing your current  mortgage, or buying a new home here, in Chandler or in another part of the country.

Acquisition Debt is the amount of money borrowed used to buy, build or improve a principal residence or second home. Under the new tax law, mortgages taken after 12/14/17 are limited to a combination of $750,000 on the first and second homes. The mortgage interest on this debt is tax deductible when itemizing deductions.

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It is a dynamic number that is reduced with each payment as the unpaid balance goes down. The only way to increase acquisition debt is to borrow money to make capital improvements.

Prior to the new law, homeowners could additionally borrow up to $100,000 of home equity debt for any purpose and deduct the interest when itemizing deductions. Mortgage interest on home equity debt is no longer deductible unless it is for capital improvements.

Acquisition debt cannot be increased by refinancing. Some confusion occurs because mortgage lenders are concerned in making home loans that will be repaid according to the terms of the note and using the home as collateral. That does not include making a tax-deductible mortgage.

Another thing that adds confusion to the issue is that the lenders will annually report how much interest was paid in a year but only the amount that is attributable to acquisition debt is deductible.

Even if the interest on the cash-out refinance is not deductible, it may be advantageous to pay off higher interest debt such as credit card debt and replacing it with lower mortgage debt.

It is the responsibility of the taxpayer to know what part of their mortgage debt is deductible. The challenge becomes more difficult after a cash-out refinance. Homeowners should keep records of all financing and capital improvements and consult with their tax professional.

The key here is to consult with your Denver tax adviser BEFORE a re-finance to find out the effects on your tax return. Most good loan officers will be able to answer the question, but a tax adviser is best. To find either a tax adviser or a loan officer CONTACT US TODAY.

CALL 480-355-8645 or EMAIL Gina@LocateArizonaHomes.com

WWW.LocateArizonaHomes.com


Are you overlooking your Recordkeeping?

There is great opportunity for  Home owners! Especially with the appreciation we have experienced over the last 5 years. When the tax laws changed last year I know I was excited that this part of the law did not change and that means we can keep our equity, tax free. Then you must ask, what is the cost of waiting? So as we have had  appreciation for 3 years that means your property is worth more today, and that may be tax free for a principle residence.   But read on about the tax law…

Homeowners are familiar that they can deduct the interest and property taxes from their income tax returns. They also understand that there is a substantial capital gains exclusion for qualified sales of up to $250,000 if single and $500,000 for married filing jointly. However, ongoing record keeping tends to be overlooked.

New homeowners should get in the habit of keeping all receipts and paperwork for any improvements or repairs to the home. Existing homeowners need to be reminded as well, in case they have become lax in doing so.

These expenditures won’t necessarily benefit in the annual tax filing but may become valuable when it is time to sell the home because it raises the basis or cost of the home.

For instance, let’s say a single person buys a $350,000 home that appreciates at 6% a year. Twelve years from now, the home will be worth $700,000. $250,000 of the gain will be exempt with no taxes due but the other $100,000 will be taxed at long-term capital gains rate. At 15%, that would be $15,000 in taxes due.

Assume during the time the home was owned that a variety of improvements totaling $100,000 had been made. The adjusted basis in the home would be $450,000 and the gain would only be $250,000. No capital gains tax would be due.

Some repairs may not qualify as improvements but if the homeowner has receipts for all the money spent on the home, the tax preparer can decide at the time of sale. Small dollar items can really add up to substantial amounts over many years of home-ownership.

You can download a Homeowner’s Tax Worksheet (https://www.irs.gov/pub/irs-pdf/p530.pdf)  that can help you with this record keeping. The important thing is to establish a habit of putting receipts for home expenditures in an envelope, so you’ll have it when you are ready to sell.

As always let me know if I can be of any assistance.  Feel free to call (480-355-8645) or email (Info@LocateArizonaHomes.com) with any questions.

 

Costs More…Takes Longer?

Certainly one of the tougher functions in a Real Estate transaction is negotiating the inspection items. Some believe the seller should do everything and yet in a highly focused seller’s market that is not likely the case. The replacement of a roof covering can often become a real issue especially when using the contractor that just knocked on your door. Why? Their workmen may or may not show up and the roof may not get installed on time! When you hire an experienced Realtor those items should be non issues….but it does happen to all of us. The contractors I work with know that and are committed to get the job done on time, and often will wait for their payment until closing. Now a remodeling project…read on…

The one experience that homeowners can agree upon after completing a remodeling project is that it costs more and takes longer than expected. It doesn’t really matter that you researched, planned, and received multiple bids, it will, invariably, cost more and take longer than you originally anticipated.

Replacing floorcovering or painting is a project that a homeowner can easily get bids and contract with the workmen directly. A new level of complexity occurs when the project involves more specialized contractors, like plumbers, electricians, carpenters, counters, and others.

Now, a homeowner is faced with dealing with one general contractor who will run roughshod over the sub-contractors or make the decision to do it themselves. Typically, you’ll pay more for a general contractor, but the trade-off is that they have the contacts and experience to make things go smoothly.

Subs are notorious for wanting to finish their “part” of the project and move onto to the next job. Sometimes, they’re not interested in the “big picture” enough to consider doing things in a way that are best for the overall outcome.

When you start tearing out some things, you find out that there may be unexpected expenses involved. Another common occurrence is that during the project, you get a new thought about changing something else “since it is already torn up anyway.” This will add time and money to the job.

There can be the situation that the homeowner doesn’t even know the right questions to ask or what to consider when trying to coordinate the different workers. The most detailed timetable can be thrown off track if one set of workers don’t show up or finish on time. At best, it delays the project for a few days. At worst, it can delay it for a few weeks because the individual workers may have committed to other jobs that don’t allow them to reschedule.

Once the work is done in a professional manner, you’re probably going to live with it for years. If it is something you’ve wanted to do and it will allow you to enjoy your home more, it is worth doing. Just be patient and enter this adventure with the understanding that it will cost more and take longer than you expect.

We have all experienced good and bad contractors.  If you are considering a home improvement project let me know and I can refer you to a reliable contractor for the project you are considering. 

Call 480-355-8645 Or Email Us Info@LocateArizonaHomes.com

Welcome to 22167 E Via Del Palo

Adorable move in ready home backing to the golf course with fabulous panoramic views! Home features great room style floor plan and a light and bright eat in kitchen with island for plenty of counter space. Low maintenance desert landscaping allows you time to enjoy the beautiful view of the golf course with the serene San Tan Mountains backdrop. The exterior was painted in 2015 and Low E windows for energy efficiency. Great subdivision in the heart of Queen Creek with community pool and planned activities. Festive events are just minutes away at QC Olive Mill and Schnepf Farms. Close to shopping and great schools, too.

 

For more information visit our website

Visit our website:  WWW.LocateArizonaHomes.com

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Or Contact Us Info@LocateArizonaHomes.com